CARRIER GLOBAL CORP (CARR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CARR - US14448C1045 - Common Stock
55.21 USD
-0.98 (-1.74%)
55.21 USD
0 (0%)
CARR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Building Products industry. CARR has a medium profitability rating, but doesn't score so well on its financial health evaluation. CARR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year CARR was profitable.
- CARR had a positive operating cash flow in the past year.
- Each year in the past 5 years CARR has been profitable.
- Each year in the past 5 years CARR had a positive operating cash flow.
1.2 Ratios
- CARR has a better Return On Assets (10.46%) than 71.43% of its industry peers.
- With an excellent Return On Equity value of 27.45%, CARR belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- CARR has a Return On Invested Capital of 5.09%. This is in the lower half of the industry: CARR underperforms 73.81% of its industry peers.
- CARR had an Average Return On Invested Capital over the past 3 years of 8.06%. This is below the industry average of 12.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.46% | ||
| ROE | 27.45% | ||
| ROIC | 5.09% |
ROA(3y)10.88%
ROA(5y)9.38%
ROE(3y)33.63%
ROE(5y)31.44%
ROIC(3y)8.06%
ROIC(5y)7.66%
1.3 Margins
- Looking at the Profit Margin, with a value of 18.05%, CARR belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
- In the last couple of years the Profit Margin of CARR has grown nicely.
- CARR has a Operating Margin of 11.00%. This is comparable to the rest of the industry: CARR outperforms 45.24% of its industry peers.
- CARR's Operating Margin has declined in the last couple of years.
- CARR's Gross Margin of 27.36% is in line compared to the rest of the industry. CARR outperforms 42.86% of its industry peers.
- In the last couple of years the Gross Margin of CARR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11% | ||
| PM (TTM) | 18.05% | ||
| GM | 27.36% |
OM growth 3Y-5.06%
OM growth 5Y-4.9%
PM growth 3Y45.61%
PM growth 5Y16.99%
GM growth 3Y-2.78%
GM growth 5Y-1.79%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CARR is destroying value.
- Compared to 1 year ago, CARR has more shares outstanding
- The number of shares outstanding for CARR has been increased compared to 5 years ago.
- Compared to 1 year ago, CARR has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.49 indicates that CARR is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.49, CARR is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
- The Debt to FCF ratio of CARR is 8.45, which is on the high side as it means it would take CARR, 8.45 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 8.45, CARR is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
- A Debt/Equity ratio of 0.78 indicates that CARR is somewhat dependend on debt financing.
- The Debt to Equity ratio of CARR (0.78) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 8.45 | ||
| Altman-Z | 2.49 |
ROIC/WACC0.6
WACC8.44%
2.3 Liquidity
- CARR has a Current Ratio of 1.14. This is a normal value and indicates that CARR is financially healthy and should not expect problems in meeting its short term obligations.
- CARR's Current ratio of 1.14 is on the low side compared to the rest of the industry. CARR is outperformed by 90.48% of its industry peers.
- A Quick Ratio of 0.75 indicates that CARR may have some problems paying its short term obligations.
- With a Quick ratio value of 0.75, CARR is not doing good in the industry: 88.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
- CARR shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.36%.
- CARR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.27% yearly.
- Looking at the last year, CARR shows a very negative growth in Revenue. The Revenue has decreased by -22.93% in the last year.
- CARR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.86% yearly.
EPS 1Y (TTM)-0.36%
EPS 3Y7.25%
EPS 5Y20.27%
EPS Q2Q%-12.99%
Revenue 1Y (TTM)-22.93%
Revenue growth 3Y2.94%
Revenue growth 5Y3.86%
Sales Q2Q%-6.77%
3.2 Future
- Based on estimates for the next years, CARR will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.59% on average per year.
- CARR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.00% yearly.
EPS Next Y-3.31%
EPS Next 2Y4.14%
EPS Next 3Y7.37%
EPS Next 5Y11.59%
Revenue Next Year-3.97%
Revenue Next 2Y-0.37%
Revenue Next 3Y1.49%
Revenue Next 5Y5%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 19.86, the valuation of CARR can be described as rather expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of CARR is on the same level as its industry peers.
- When comparing the Price/Earnings ratio of CARR to the average of the S&P500 Index (26.94), we can say CARR is valued slightly cheaper.
- A Price/Forward Earnings ratio of 18.18 indicates a rather expensive valuation of CARR.
- The rest of the industry has a similar Price/Forward Earnings ratio as CARR.
- CARR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.86 | ||
| Fwd PE | 18.18 |
4.2 Price Multiples
- CARR's Enterprise Value to EBITDA is on the same level as the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as CARR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.95 | ||
| EV/EBITDA | 15.67 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.98
EPS Next 2Y4.14%
EPS Next 3Y7.37%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.73%, CARR has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.67, CARR pays a better dividend. On top of this CARR pays more dividend than 90.48% of the companies listed in the same industry.
- CARR's Dividend Yield is comparable with the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
- CARR has been paying a dividend for over 5 years, so it has already some track record.
- CARR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- 18.56% of the earnings are spent on dividend by CARR. This is a low number and sustainable payout ratio.
DP18.56%
EPS Next 2Y4.14%
EPS Next 3Y7.37%
55.21
-0.98 (-1.74%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)02-05 2026-02-05/amc
Inst Owners87.14%
Inst Owner Change0.82%
Ins Owners6.1%
Ins Owner Change2.52%
Market Cap46.50B
Revenue(TTM)22.06B
Net Income(TTM)3.98B
Analysts78.06
Price Target72.36 (31.06%)
Short Float %1.59%
Short Ratio1.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
Yearly Dividend0.78
Dividend Growth(5Y)N/A
DP18.56%
Div Incr Years4
Div Non Decr Years4
Ex-Date01-20 2026-01-20 (0.24)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.53%
Min EPS beat(2)-0.24%
Max EPS beat(2)15.31%
EPS beat(4)3
Avg EPS beat(4)7.55%
Min EPS beat(4)-0.24%
Max EPS beat(4)15.31%
EPS beat(8)6
Avg EPS beat(8)5.54%
EPS beat(12)9
Avg EPS beat(12)4.93%
EPS beat(16)13
Avg EPS beat(16)6.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.75%
Min Revenue beat(2)-1.83%
Max Revenue beat(2)-1.67%
Revenue beat(4)0
Avg Revenue beat(4)-2.28%
Min Revenue beat(4)-4.33%
Max Revenue beat(4)-1.31%
Revenue beat(8)0
Avg Revenue beat(8)-4%
Revenue beat(12)2
Avg Revenue beat(12)-2.9%
Revenue beat(16)4
Avg Revenue beat(16)-2.03%
PT rev (1m)-2.04%
PT rev (3m)-9.42%
EPS NQ rev (1m)-2.36%
EPS NQ rev (3m)-29.86%
EPS NY rev (1m)0.27%
EPS NY rev (3m)-8.13%
Revenue NQ rev (1m)-1.54%
Revenue NQ rev (3m)-5.88%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-2.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.86 | ||
| Fwd PE | 18.18 | ||
| P/S | 2.11 | ||
| P/FCF | 32.95 | ||
| P/OCF | 24.62 | ||
| P/B | 3.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.67 |
EPS(TTM)2.78
EY5.04%
EPS(NY)3.04
Fwd EY5.5%
FCF(TTM)1.68
FCFY3.03%
OCF(TTM)2.24
OCFY4.06%
SpS26.19
BVpS17.23
TBVpS-9.18
PEG (NY)N/A
PEG (5Y)0.98
Graham Number32.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.46% | ||
| ROE | 27.45% | ||
| ROCE | 8% | ||
| ROIC | 5.09% | ||
| ROICexc | 5.34% | ||
| ROICexgc | 23.15% | ||
| OM | 11% | ||
| PM (TTM) | 18.05% | ||
| GM | 27.36% | ||
| FCFM | 6.4% |
ROA(3y)10.88%
ROA(5y)9.38%
ROE(3y)33.63%
ROE(5y)31.44%
ROIC(3y)8.06%
ROIC(5y)7.66%
ROICexc(3y)10.45%
ROICexc(5y)9.61%
ROICexgc(3y)34.91%
ROICexgc(5y)29.9%
ROCE(3y)12.67%
ROCE(5y)12.04%
ROICexgc growth 3Y11.52%
ROICexgc growth 5Y4.64%
ROICexc growth 3Y-15.42%
ROICexc growth 5Y-8.97%
OM growth 3Y-5.06%
OM growth 5Y-4.9%
PM growth 3Y45.61%
PM growth 5Y16.99%
GM growth 3Y-2.78%
GM growth 5Y-1.79%
F-Score5
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 8.45 | ||
| Debt/EBITDA | 3.07 | ||
| Cap/Depr | 37.85% | ||
| Cap/Sales | 2.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 51.21% | ||
| Profit Quality | 35.43% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 2.49 |
F-Score5
WACC8.44%
ROIC/WACC0.6
Cap/Depr(3y)74.81%
Cap/Depr(5y)83.81%
Cap/Sales(3y)2.12%
Cap/Sales(5y)1.96%
Profit Quality(3y)66.45%
Profit Quality(5y)76.55%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.36%
EPS 3Y7.25%
EPS 5Y20.27%
EPS Q2Q%-12.99%
EPS Next Y-3.31%
EPS Next 2Y4.14%
EPS Next 3Y7.37%
EPS Next 5Y11.59%
Revenue 1Y (TTM)-22.93%
Revenue growth 3Y2.94%
Revenue growth 5Y3.86%
Sales Q2Q%-6.77%
Revenue Next Year-3.97%
Revenue Next 2Y-0.37%
Revenue Next 3Y1.49%
Revenue Next 5Y5%
EBIT growth 1Y-5.35%
EBIT growth 3Y-2.27%
EBIT growth 5Y-1.23%
EBIT Next Year22.29%
EBIT Next 3Y10.64%
EBIT Next 5Y8.53%
FCF growth 1Y-38.44%
FCF growth 3Y-42.28%
FCF growth 5Y-27.03%
OCF growth 1Y-29.2%
OCF growth 3Y-26.64%
OCF growth 5Y-15.1%
CARRIER GLOBAL CORP / CARR FAQ
Can you provide the ChartMill fundamental rating for CARRIER GLOBAL CORP?
ChartMill assigns a fundamental rating of 4 / 10 to CARR.
Can you provide the valuation status for CARRIER GLOBAL CORP?
ChartMill assigns a valuation rating of 2 / 10 to CARRIER GLOBAL CORP (CARR). This can be considered as Overvalued.
How profitable is CARRIER GLOBAL CORP (CARR) stock?
CARRIER GLOBAL CORP (CARR) has a profitability rating of 5 / 10.
What is the financial health of CARRIER GLOBAL CORP (CARR) stock?
The financial health rating of CARRIER GLOBAL CORP (CARR) is 2 / 10.
How sustainable is the dividend of CARRIER GLOBAL CORP (CARR) stock?
The dividend rating of CARRIER GLOBAL CORP (CARR) is 5 / 10 and the dividend payout ratio is 18.56%.